The outcome of a longstanding court battle against Getty Oil is not in favor of Utah-based junior Gold Standard (NASDAQ). The verdict is in, and the company will not receive the US$404 million awarded…
Eager to add to its ground position in Indonesia, Teck (TSE) has applied for new Contracts of Work (CoW) and will make security deposits totalling US$7.5 million.Teck and Australian partner Meekatharr…
A private placement will enable Avalon Ventures (VSE) to finance work on its Quebec and Ontario gold projects, as well as acquire new properties.The company has placed 1.5 million units at 40 cents pe…
ALUMINUM: MW U.S. market US75 cents-76 cents per lb. (Jan. 19, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 1995).CA…
With its latest acquisition, Campbell Resources (TSE) has expanded farther into Latin America, beyond its Santa Gertrudis gold mine in Mexico. The company can now acquire the Cerro Quema gold project …
Montreal-based SNC-Lavalin, Canada’s largest engineering and construction company, has signed an agreement to acquire, for an undisclosed amount, Kilborn Holdings, a Toronto-based engineering company….
One of the world’s largest open-pit gold mines, the Refugio in Chile, is up and running and ready to pour gold.Construction of the $127-million mine, a 50-50 joint venture between Amax Gold (TSE) and …
Ore from the Glimmer gold project near Matheson, Ont., will be processed at the nearby Stock Twp. mill of St Andrew Goldfields (TSE). Exall Resources (TSE) owns 60% of the Glimmer mine.The Stock mill …
CDN-listed Lyndex Exploration will buy a mill and related equipment for its Salave gold project in northern Spain.The Rubiales mill, also situated in northern Spain, has a capacity of 3,000 tons per d…
Negotiations between X-Cal Resources (TSE) and Amax Gold (NYSE) are in progress, with the objective of combining property holdings in the Sleeper area of Humboldt Cty., Nev.X-Cal holds a large package…
Mapping and sampling by Minera Sierra Madre (ASE) on the former-producing Tucabe property in Sonora state, Mexico, have confirmed the presence of a gold-bearing structure.The 40-metre-wide zone is she…
At its Thorne project, west of Timmins, Ont., Band-Ore Resources (CDN) has drill-tested the western extension of the Kapika zone, where reserves are estimated at 270,000 tonnes grading 2.5 grams gold …
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